Troy Marcus Of Evergen Equity Acquires Industrial Portfolio In Laredo Texas For Expansion
810 Nafta Boulevard, 8411 Gavin Road & 8414 El Gato Road
Building Size
1,086,000 SF
Asset Type
Industrial
Closing
Jul 23, 2025
AI
Evergen Equity acquired a fully leased, three-building industrial portfolio located at 810 Nafta Boulevard, 8411 Gavin Road, and 8414 El Gato Road in Laredo, Texas. The total square footage of the asset is 362,000, situated on 20.3 acres in a key U.S.–Mexico trade corridor near the World Trade International Bridge.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 362,000
- Address: 810 Nafta Boulevard, 8411 Gavin Road & 8414 El Gato Road
- Market: Laredo
- Buyer: Troy Marcus - Evergen Equity
This off-market transaction supports Evergen’s nearshoring strategy as demand for cross-border logistics and industrial space rises, with Port Laredo currently managing 29% of all U.S.–Mexico trade.
Players
Laredo Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93